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Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Warehouses
2403 Division St Guthrie, OK 73044-6027
Individually Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US69-0940876
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2009
Total area
10,100 SF
Lot
1.39 ac (60,418 SF)
APN
420001910
UPID
US69-0940876
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Body Billboards (Bike/Boat/Book/etc) Store Printing Service
-
KJ Rentals Real Estate Agency
-
E-School Virtual Charter Academy High School
-
Daddy's Dent & Ding Paintless Dent Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$789k
Blend (final)
Blend
$845k
Owner & transaction history
David R Marchese · 8 yrs held
David R Marchese
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.2M
+119.8%
Auto repair, garage
$995,000
+81.8%
Industrial (general)
$600,000
+9.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Guthrie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Guthrie submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$545,000
Current use
RESTAURANT
$1,205,000
Change: +120% · Conversion: Difficult
AUTO REPAIR, GARAGE
$995,000
Change: +82% · Conversion: Easy
INDUSTRIAL (GENERAL)
$600,000
Change: +10% · Conversion: Easy
RETAIL STORES
$575,000
Change: +5% · Conversion: Moderate
Blend value · Realmo final
$845k
Range $761k – $930k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$84 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,397
Tax year 2023
Assessed value
$47,737
Assessed 2023
Previous assessed
$45,682
+4.5% YoY
Effective rate
9.21%
On assessed value
Assessed land
$5,172
Assessed improvement
$42,565
Land market value
$47,020
Improvement market value
$386,951
Total market value
$433,971
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2009
Heating
SPACE
Cooling
YES
Buildings
2
Stories
1
Total area
10,100 SF
Lot
1.39 ac (60,418 SF)
APN
420001910
UPID
US69-0940876
Jurisdiction
LOGAN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$545,000
RESTAURANT
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$995,000
INDUSTRIAL (GENERAL)
Est. value
$600,000
RETAIL STORES
Est. value
$575,000
WAREHOUSE, STORAGE Current
RESTAURANT
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
2
Lot
1.39 ac
Current owner
From public records · entity-resolved
David R Marchese
Individual
Free & Clear · 8 yrs held
Mailing address
210 N BUFFALO AVE, GUTHRIE, OK 73044-9430
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2018
$80,000
David R Marchese
S & M Assets LLC
Grant Deed
related
—
Mar 29, 2018
$75,000
Robert Robbins
S & M Assets LLC
Warranty Deed
—
Mar 6, 2018
$80,000
David R Marchese
S & M Assets LLC
Warranty Deed
$50,000 · S & M Assets LLC
Mar 25, 2010
—
Blue Atlas Dev LLC
Marchese,david & Tracy J
Warranty Deed
related
—
Dec 22, 2009
$82,500
David Marchese
Blue Atlas Dev LLC
Warranty Deed
related
$74,000 · Blue Atlas Dev LLC
May 29, 2008
—
Blue Atlas Dev LLC
Hamilton Real Estate INC
Quit Claim Deed
related
$750,000 · Farmers & Merchants Bk & Tr
Feb 1, 2008
$200,000
Hamilton Real Estate INC
Wdean May Liv Trust
Warranty Deed
related
—
Jan 31, 2008
—
May,w Dean & Lora L Trust
State Of Ok
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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